The shares are down more than 35% from recent peaks. Investors can look at these data to help find when things might bottom out.

Tesla shares moved lower in mid-day Monday trading, extending their 2025 decline well past 10%, as investors continue to fret about the time and attention that Elon Musk is devoting to his efforts as a key adviser to President Donald Trump.

Shares of Tesla have now dropped 40% from their December highs as the stock finds urgent technical support at $300. Headlines and reporting have sourced a significant drop in consumer demand for Tesla’s over the last month as would-be buyers appear to be holding back on their purchases in protest of Elon Musk’s involvement with the White House Administration.

Tesla (TSLA) stock surged after President Donald Trump won last November’s election, based on his relationship with CEO Elon Musk. But that relationship is likely a driving factor behind the erasure of much of those gains.

Tesla stock has now fallen by a fifth this year. Analysts say Elon Musk's involvement with DOGE is affecting sales and investors are taking notice.

Sales are plunging in some of the world’s biggest EV markets, and protesters and vandals are targeting the company’s stores.